231 Model, Code of Ethics and Anti-Corruption Code

231 Model, Code of Ethics and Anti-Corruption Code

“Telespazio S.p.A.,  In order to ensure that everybody working for or on behalf of the Company strictly complies with laws and regulations and consistently  with the principles of fairness and transparency in the management  of business and corporate affairs,  has adopted an Organizational , Management and Control Model (here in after also “Model”)  in line with the provisions of the Italian Decree No. 231 on June 8th  2001 and based on the Guidelines issued by  Confindustria  (Association  of Italian Industries).

A part of the application of the mentioned  Decree, the adoption of such Model  was decided assuming that it might represent a valid instrument for the awareness of all Company’s Directors, Statutory Auditors, employees and any other person sharing an interest in it (Clients, Suppliers, Partners, Co-workers in other capacities).   They may then  carry out their activities in a correct and straight forward manner, such as to prevent the risk that the crimes provided for by the Decree could be committed.

The Code of Ethics, together with the Anti-Corruption Code of Leonardo Group,  is an essential part of the Model and expresses the ethical principles adopted in the management  of business and operations by those working for or on behalf of Telespazio.

Telespazio shall ensure the functionality, update and continuous implementation of the Model and the Code of Ethics in application of the methodology indicated in Confindustria’s Guidelines and by the reference  best practices.

The Board of Directors of Telespazio, convened on June 5th  2015, adopted  the "Anti-Corruption Code of Leonardo Group", which represents a structured and consistent system inspired to principles of integrity and transparency aimed at avoiding the risk of illegal practices in the conduct of corporate business and activities.

The Anti-Corruption Code completes the enhancement of internal controls in compliance with the relevant  legislation and in line with the international best practices, with a special focus on preventing and fighting corruption.

These documents are published here under in their latest update.”